Which of the following is not a fixed asset ........

Accountancy (Phase -I & II) Introduction to Accounting

Which of the following is not a fixed asset?

Building

Bank Balance

Plant Patents

Goodwill

assets which are purchased for long-term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment.

Submit Error

but mam goodwill doesnt subject to depreciation as fixed assets are subjected to the concept of depreciation